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May 31, 2026
Groupon Cuts 400 Jobs, Nearly 25% of Workforce, in AI-Native Restructuring
Groupon will cut up to 400 positions — nearly a quarter of its workforce — as part of Project Foundry, a multi-year restructuring to become an AI-native company. The cuts are expected by September 2026. Groupon joins Meta, Snap, and SentinelOne in explicitly framing layoffs as AI-driven transformation.
May 26, 2026
Tesla Solves Dry Cathode Puzzle After 8 Years, Unlocking Cheaper 4680 Batteries
Tesla has achieved fully dry electrode production for both anode and cathode of its 4680 battery cell, a breakthrough that took eight years and a $235 million acquisition. The patented composite binder system cuts production costs by nearly half, reduces factory footprint by 50%, and gives Tesla a multi-year lead over competitors like LG and Samsung.
Apr 23, 2026
Tesla Reports Unexpected Positive Free Cash Flow in Q1 2026
Tesla defies expectations with a surprise positive free cash flow in Q1 2026, despite anticipating financial strain from AI and manufacturing investments. Shares rose over 3% after hours, challenging predictions of a cash burn. This shows Tesla's resilience amid industry pressures.